I had the pleasure of speaking to Ralph Vince by phone on October 1, 2007 – he was in his office in Ohio and I was in my home in Connecticut. MMS: So what’d you think of this market today? RV: I haven’t looked at it. MMS: Really? RV: I haven’t even looked at it. I generally look at that on a weekly basis. I mean I know that there’s been a rate cut. I know oil is moving. But I couldn’t tell you what the indexes are doing. MMS: Really? You only look on a weekly basis. When do you look? What’s the routine? RV: I usually look on Saturday morning – I read Barron’s. I’ve made a conscious effort to make things be long-term, and to take a more long-term perspective on things because in the last 20 years – as everything has become more compressed through computerization – things have become considerably more

The day after Thanksgiving, November 23, 2007, the MTA lost a member. John Tortorella, died suddenly at the all-too-young age of 61. John passed away just as he lived – quietly and surrounded by the family that meant more to him than anything else in life. John’s life and work symbolized the spirit of the Market Technicians Association in the twenty-first century. He was an entrepreneur, having been a self-employed technical analyst for much of his career. John worked as an advisor to money managers throughout the country, including some of the largest funds in the world. He also partnered with an independent research firm, Sixth Man Research, where he published research until his passing. Although John’s analysis incorporated his own unique indicators he developed over the years, admirers often said his work had incredible value because it was the most useful analysis they had ever come across. He had a knack

The competition for the 2008 Charles H. Dow Award is open. The award for excellence and creativity in technical analysis has been presented since 1994, and today it is the most important writing competition in the field. The last day to submit papers is February 1, 2008. The Board of Directors has approved a $2,000 cash prize. The standards for writing content and style have been raised. The winning author will be invited to discuss the paper at a national MTA seminar or at a monthly meeting of an MTA regional chapter. The paper or a summary may be published in the MTA’s Journal of Technical Analysis, in Technically Speaking, and the MTA website. The author of the runner-up paper may receive a certificate. The guidelines are posted on the MTA’s Web site under Activities. Address inquiries to DowAward@mta.org. Recipients of the Charles H. Dow Award have been: 1994 Charles D. Kirkpatrick, II, CMT, “Charles

MTA Members, At this point, we have filled all nominating committee positions for the upcoming Board selection process. I am pleased to announce that our nominating committee this year has the diversity of MTA representation that truly covers the general membership of the MTA. As you know, all Offi cer positions (President, Vice President, Treasurer and Secretary) come up for consideration for the 2-year term that commences July 1, 2008. In addition, two (2) At-large Board positions also come up for consideration for the 3-year term that commences July 1, 2008 — A total of six (6) positions! Over the next two (2) months, we are encouraging any Member, Honorary Member or Emeritus Member in good standing to submit your name for consideration by the nominating committee, along with a description of the Board position you are seeking. The nominating committee will then seek out your completion of a tailored questionnaire as part